487-489 21st Ave

An exceptional opportunity to own a fully operational restaurant, turnkey dining establishment located in the heart of Paterson’s thriving commercial district. This sale includes the real estate, established business, all appliances, liquor license, and a bonus 3-bedroom apartment, making it the perfect investment for restaurateurs, investors, or entrepreneurs.
Property Highlights:
Real Estate: Approximately 6,126 sq ft of total space with a modern layout and versatile design.
Open Floor Plan: A fully built-out, spacious restaurant with an inviting layout that accommodates both intimate dining and larger gatherings.
High-Tech Bar: Modern, fully equipped bar offering the perfect setting for nightlife and enhanced customer experiences.
Bakery: Fully functioning, dedicated bakery section ideal for fresh pastries, baked goods, and additional income streams.
Outdoor Patio: A beautiful, private outdoor patio in the back, perfect for seasonal dining, events, or private parties.
Kitchen: Commercial-grade, fully equipped kitchen with high-quality appliances, fixtures, and ample prep space to support high-volume operations.
Apartment: Includes a 3-bedroom, 1-bath apartment on-site, offering rental income potential (currently tenants month to month paying 2,000)
Additional Features:
Liquor License: Valuable active liquor license for dine-in, bar, and event service.
Frontage: Prime street frontage on 21st Avenue with high visibility and significant foot traffic.
Seating Capacity: Generous indoor dining capacity and outdoor patio seating.
Parking: Street parking with easy access for customers and staff.
Location:
Positioned in a high-traffic area of Paterson, surrounded by thriving businesses, retail shops, and densely populated residential neighborhoods.
Minutes from major highways, public transportation, and Paterson’s central business district.
High-demand area with strong demographics and consistent demand for dining, bakery, and nightlife options.
Included in Sale:
Real Estate: Ownership of the fully built-out building.
Business: Established, well-regarded restaurant with a strong customer base.
Appliances & Equipment: Turnkey operation with all kitchen equipment, furniture, and fixtures included.
Liquor License: Active full liquor license, enhancing profitability.
Apartment: A 3-bedroom, 1-bath apartment that provides additional income or housing options.
Investment Potential:
This is a rare opportunity to acquire:
Built out restaurant for operator to create multiple revenue streams (bakery, bar, dining, events).
A fully equipped, spacious property with indoor and outdoor dining options.
Additional income from the on-site apartment.
Whether you continue the current successful concept or bring your vision, this property is ready to generate immediate income and long-term value.